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22 July, 2017 5:57 AM 40% of Fortune 500 companies Asian, India has 7 in list

The latest edition of the Fortune Global 500 list, which ranks companies by their revenues in 2016, has a distinctly Asian flavour to it. With 197 companies on the list based on its soil, Asia is now home to more of these global giants than any other continent, leaving North America (145) and Europe (143) slugging it out for second spot. The rest of the world 36

21 July, 2017 8:43 PM DTH stocks fall up to 6 pc on announcement of Jio phone

Shares of broadcasting and cable TV companies on Friday slumped up to 6 per cent after Mukesh Ambani announced the launch of a 4G—enabled feature phone which would also have a cable to connect with TV as a special accessory to display the phone content on a bigger screen. The scrip of Dish TV India plunged 5.85 per cent, Sun TV Network went down by 2.65 per cent, Hathway 17

21 July, 2017 7:23 PM Railway Ministry working with companies like Apple on train speeds

New Delhi: Eyeing trains speeds of 600 km per hour, the government is working with global technology firms like Apple to help take Indian railways to the next level, Union minister Suresh Prabhu said on Friday. The railway minister also said the government's premier think tank NITI Aayog had approved the ministry's Rs 18,000 crore proposal to increase 26

21 July, 2017 3:41 PM Amtek Global to sell UK plants to Liberty group

Troubled auto component firm Amtek Auto on Friday said its arm Amtek Global Technologies would sell its UK-based subsidiaries' plants to the Liberty group. "Amtek Global Technologies, a subsidiary of Amtek Auto Ltd has entered into an agreement to sell its UK-based subsidiaries' plants to the Liberty group," Amtek Auto said in a BSE filing. In July last year, debt-ridden 21

21 July, 2017 2:02 PM Reliance AGM 2017: Full Text of Mukesh Ambani's Speech

Reliance Industries Chairman Mukesh Ambani announced the launch of Jio phone, a 4g-enbaled feature phone that will effectively be available at a price of Rs 0. On the 40th anniversary of it going public, Reliance Industries Ltd chairman Mukesh Ambani launched the 'intelligent smartphone' Jio Phone, a a 4G VoLTE-enabled feature phone that will be available 16

21 July, 2017 9:33 AM 'Cheaper-than-postcard' phone: Why Mukesh Ambani got emotional at Reliance AGM

NEW DELHI: While addressing shareholders at 40th annual general meeting (AGM) of Reliance Industries in Mumbai today, Chairman Mukesh Ambani got emotional while remembering his late father, Dhirubhai Ambani. Mukesh's mother Kokilaben Ambani burst into tears. It was an unusual sight for the shareholders because annual general meetings of companies are mostly 16

21 July, 2017 9:27 AM RIL issues bonus share after 12 years

Mumbai: Reliance Industries Ltd on Friday announced one bonus share for every share held - the first such issue after 12 years, and a dividend of Rs 13 a share. Announcing the 1:1 bonus share, RIL Chairman and Managing Director Mukesh Ambani said this is the country's largest bonus issue. The last time India's largest private sector company gave bonus 27

21 July, 2017 7:44 AM Jio phone will be available for an effective price of Rs 0: Ambani

Mukesh Ambani has launched what he called an "effectively free" 4G-enabled feature phone handset during the Reliance Industries Ltd’s (RIL) 40th annual general meeting (AGM) in Mumbai. The company has christened the phone 'Jio Phone'. The Jio phone would be available for an effective price Rs 0. India's richest man Mukesh Ambani on Friday launched what he called 23

21 July, 2017 4:37 AM Rs 100 crore profit a day! Watch out for a much bigger RIL in the making

NEW DELHI: For a long spell, this stock was depressed. The promoters sat on huge cash pile and kept raising cheaper funds at the same time. The company diversified into several new areas simultaneously, and investors were beginning to question where it was really headed. Today, Mukesh Ambani-led Reliance Industries (RIL) makes approximately Rs 100 crore 20

21 July, 2017 4:00 AM Jio Phone Launch Likely at Reliance AGM Today, How to Watch Live

The much-anticipated Jio phone launch is expected at today's Reliance Industries AGM, which kicks off at 11am in Mumbai. Chairman Mukesh Ambani will take stage to give his annual update on how the various companies of the group are faring, but all eyes will be on the latter part of the speech where Jio-centric announcements are likely to feature, with the affordable 29